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1st Source

SRCE $44.38 -1.0  -2.3%

Relative Strength (%)
Volume Change (%)
10d v 3m
Price vs... (%)
52w High
50d MA
200d MA
Growth & Value
Margin of Safety (beta)
Screens Passed 1
Balance Sheet · Income Statement · Cashflow Financial Summary
Year End 31st Dec 2012 2013 2014 2015 2016 2017 TTM 2018E 2019E CAGR / Avg
Revenue $m
Operating Profit $m
Net Profit $m
EPS Reported $
EPS Normalised $
EPS Growth %
PE Ratio x
Operating Margin %
Op. Cashflow ps $
Capex ps $
Free Cashflow ps $
Last ex-div: 2nd Nov, paid: 15th Nov more... Dividends
Dividend ps $
Dividend Growth %
Dividend Yield %
Dividend Cover x
Balance Sheet
Cash etc $m
Working Capital $m
Net Fixed Assets $m
Net Debt $m
Book Value $m
Average Shares m
Book Value ps $ +5.7%

FINANCIAL BRIEF: For the nine months ended 30 September 2018, 1st Source Corporation interest income increased 21% to $188.8M. Net interest income after loan loss provision increased 9% to $143.3M. Net income applicable to common stockholders increased 22% to $60.6M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% increase of 4% to 3.71%, Loans and leases increase of 20% to $172.2M. more »

Health Trend
Bankruptcy Risk
  Earnings Manipulation Risk
Magic Formula Score
Other Ratios
Leverage (ttm) Total -Intang +Pension
Gross Gearing %
Net Gearing %
Cash / Assets %
Recent History
Latest interim period (ended 30th Sep '18) vs. prior year
Sales Growth %
EPS Growth %
3yr Compound Annual Growth Rate
Sales Growth %
EPS Growth %
DPS Growth %

Broker Forecasts
31st Dec 2018
31st Dec 2019

Price Target: $51.8
(+12.71% above Price)
Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a ($) ($) ($) ($) ($) ($)
Consensus Estimate
1m Change
3m Change
4 brokers Broker Consensus Trend
Broker Recommendations for 1st Source
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 3 1 0

Named Brokers and Analysts
D.A. Davidson & Company Kevin Reevey , Piper Jaffray Nathan Race , Keefe, Bruyette & Woods North America Damon DelMonte , Merion Capital Group Joseph Gladue ,

Profile Summary

1st Source Corporation is a bank holding company. The Company, through its subsidiaries, provides a range of financial products and services. It is engaged in commercial banking. 1st Source Bank (Bank), its banking subsidiary, offers commercial and consumer banking services, trust and wealth advisory services, and insurance to individual and business clients. The Bank offers a range of consumer and commercial banking services through its lending operations, retail branches and fee based businesses. It provides commercial, small business, agricultural, and real estate loans to primarily business clients mainly located within its regional market area. It provides a range of consumer banking products and services through its banking centers and at 1stsource.com. It also offers insurance products through 1st Source Insurance offices. It also provides a range of trust, investment, agency, and custodial services for individual, corporate and not-for-profit clients.

Directors: Christopher Murphy (CHM) 71, James Seitz (PRE) 65, Andrea Short (CFO) 55, John Griffith (EVP) 60, Jeffrey Buhr (OTH) 58, Timothy Ozark (LED) 68, Christopher Murphy (DRC) 48, Daniel Fitzpatrick (IND) 60, Najeeb Khan (IND) 64, Vinod Khilnani (IND) 65,

No. of Employees: 1,125 No. of Shareholders: 818

Last Annual December 31st, 2017
Last Interim September 30th, 2018
Incorporated January 19, 1962
Shares in Issue 25,965,746
Free Float 22.9m (88.1%)
Sector Financials
Industry Banking Services
Index Nasdaq Composite ,
Exchange NASDAQ Global Select Market
Eligible for an ISA? a SIPP?

SRCE Share Price Performance SRCEQuote
-1.0  -2.3%
Traded 6:25pm · Minimum 15 min delayed · NMS:

Latest SRCE News Announcements (delayed)

Upcoming SRCE Events
Thursday 17th January, 2019 (estimate)
Q4 2018 1st Source Corp Earnings Release

Recent ↓
Friday 2nd November, 2018
Dividend For SRCE.OQ
Thursday 18th October, 2018
Q3 2018 1st Source Corp Earnings Release
Friday 3rd August, 2018
Dividend For SRCE.OQ
Friday 4th May, 2018
Dividend For SRCE.OQ
Friday 2nd February, 2018
Dividend For SRCE.OQ
Friday 19th January, 2018 (estimate)
Q4 2017 1st Source Corp Earnings Release
Friday 3rd November, 2017
Dividend For SRCE
Thursday 19th October, 2017
Q3 2017 1st Source Corp Earnings Release
Thursday 3rd August, 2017
Dividend For SRCE
Thursday 20th July, 2017
Q2 2017 1st Source Corp Earnings Release
Friday 28th April, 2017
Dividend For SRCE
Thursday 20th April, 2017
Q1 2017 1st Source Corp Earnings Release
Thursday 2nd February, 2017
Dividend For SRCE
Thursday 19th January, 2017
Q4 2016 1st Source Corp Earnings Release
Friday 28th October, 2016
Dividend For SRCE
Thursday 20th October, 2016
Q3 2016 1st Source Corp Earnings Release
Thursday 15th September, 2016
1st Source Corp at Mozaic IR INVESTIndiana Equity Conference
Friday 29th July, 2016
Dividend For SRCE
Thursday 21st July, 2016
Q2 2016 1st Source Corp Earnings Release
Tuesday 10th May, 2016
1st Source Corp at DA Davidson Financial Institutions Conference

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